In the shop window: the Newcastle Jets at training last week. Photo: Ryan Osland

The mining magnate said that those clubs were best placed to provide a strong future for both the Jets and football as a whole in the region.

"German, Spanish, and English clubs are best placed to groom young talent in Australia. If we can do a deal with one of those countries it will put the Jets in a better spot and it will be a win for the community and everyone involved.

"We've been in talk with a number of Premier League and European clubs, they've been going on for a little while.

"Anyone that supports or owns an A-League club would understand that (European ownership) is the future. The transfers fees paid by the big European organisations could run an A-League club," said Tinkler.

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Nathan Tinkler took over the club from embattled businessman Con Constantine in 2010.

The Newcastle Herald has previously reported that Tinkler had engaged a consultant to try to sell the club in Asia.

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A number of A-League clubs are owned by foreign investors, with Manchester City recently purchasing a majority stake in the Melbourne Heart, now Melbourne City FC, while the Brisbane Roar are owned by an Indonesian investment group.